11-23-2012, 03:55 PM #1011
eur jpy The 5-0 Pattern
11-23-2012, 04:05 PM #1012
hi mate, ...interesting, so you want to trade the CD leg of this emerging 5-0 pattern? normally we trade the pattern from D point..
11-23-2012, 04:25 PM #1013
Yes it is true, but I think it could come down from 161% for Many reasons : -
1 - Davrigns 4 hours and daily and 1 hour
2 - Elliott Wave supports my opinion because the extension of Wave
3 - Since the beginning of the week no correction
Sorry my English is 50%, I use a translator
Thank you dear
Last edited by kaser1559; 11-24-2012 at 11:11 AM.
11-23-2012, 04:28 PM #1014
and the c d leg is biggr (tp) from D point
tp1 for the D POINT is 38% and tp2 is 61%
Last edited by kaser1559; 11-24-2012 at 11:03 AM.
11-24-2012, 10:59 AM #1015
USD JPY 2 pattern share 1 PRZ
2- The 5-0 Pattern
11-24-2012, 11:22 AM #1016
something for the weekend -> watch the Webinar by Manesh Patel (Technical Analyst) and share your opinions -> http://tradingarsenal.com/tutorials-...ighlight=patel
Just got a priv message from trading friend and long term member of our TradingArsenal forum, he says that THIS knowledge had huge impact on his trading and trading results!
you will see my comments there as well... soon!
btw: regarding our Gann project -> Gann trading - market turns timing - price projection, be informed that we are designing the Gann trading method confirmation algo that will be incorporated into AMP engine. More news on this soon.
11-24-2012, 01:47 PM #1017
You may be interested to read our chat from Facebook on the Ichimoku and Harmonic Trading topic:
Samuel Moroni Lucas I haven't watched this yet but if I'm going to use Ichimoku it's for trade management more than trade entry. What about you Kor?
Kor Fx Trader just trying to make my summary after watching this webinar
Samuel Moroni Lucas You will find that your PRZ zone will form above the Ichimoku and as price breaks through the Ichimoku it confirms a good reversal. It will be interesting to see what you find.
Kor Fx Trader ichimoku is so much lagging comparing to my trading entries
Kor Fx Trader you wrote very well what I think
Samuel Moroni Lucas Yep. It does lag a little like a moving average. What do you use?
PRZ, price action, supply / demand. Anything else I'm missing?
Kor Fx Trader let's call it PRZ and sup/dem, price action is lagging
Samuel Moroni Lucas Very interesting. So you don't wait for price to test the full range of fib levels in the PRZ like Scott Carney advocates?
Kor Fx Trader Not sure what Scott advocates, but I do not wait for any lagging confirmations. No. Of course there are pros and cons as always.
Samuel Moroni Lucas Very true. Waiting for a confirmation in the PRZ helps protect against strong moves but entering without that confirmation enables you to catch the short fast turns. I don't have the experience yet to be able to see how strong the market is before entering at the PRZ
Kor Fx Trader As repeated several times on the www.TradingArsenal.com I like Sam Seiden's approach with his supply/demand methodology. His concepts I use to observe how price enters into PRZ zone. I am sure you have seen the profitability enhancers attached in the Sam's thread.
11-24-2012, 03:56 PM #1018
Due to couple of emails I received today it became my Ichimoku Day -> Ichimoku methods with harmonic patterns trading
11-25-2012, 09:38 AM #1019
11-25-2012, 01:56 PM #1020
Thank you for my new signature Kor
Originally Posted by kor4x